tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Q-Gold Resources Marks Transformational Year With Quartz Mountain Acquisition and $11.5 Million Financing

Story Highlights
  • Q-Gold acquired the advanced-stage Quartz Mountain gold project and published a large open-pit amenable resource, significantly upgrading its asset base.
  • A $11.5 million financing, new OTCQB listing, drilling at Mine Centre, and board expansion position Q-Gold to advance Quartz Mountain toward 2026 development.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Q-Gold Resources Marks Transformational Year With Quartz Mountain Acquisition and $11.5 Million Financing

Claim 50% Off TipRanks Premium and Invest with Confidence

Q-Gold Resources ( (TSE:QGR) ) has provided an update.

Q-Gold Resources reported a transformative 2025, highlighted by the acquisition of the advanced-stage Quartz Mountain Gold Project in Oregon from Alamos Gold and a fully allocated $11.5 million private placement financing led by BMO Capital Markets. The company filed a new NI 43-101 technical report for Quartz Mountain, detailing a sizable, open-pit amenable indicated mineral resource of approximately 1.54 million ounces of gold and 2.05 million ounces of silver, plus additional inferred resources, and initiated a preliminary economic assessment and permitting work with specialized consultants. Q-Gold also began trading on the OTCQB, launched drill campaigns at its Mine Centre project in Ontario, and strengthened its board with senior industry figures, moves that collectively enhance its financial position, technical capabilities, and market visibility as it prepares to advance Quartz Mountain through economic studies and permitting toward potential production in 2026.

More about Q-Gold Resources

Q-Gold Resources Ltd. is a gold exploration and development company with a primary focus on advancing its flagship Quartz Mountain gold project in southern Oregon, USA, and the Mine Centre gold project in Ontario, Canada. The company targets advanced-stage gold assets in mining-friendly jurisdictions, aiming to transition Quartz Mountain into Oregon’s next gold-producing operation while continuing exploration and resource growth across its portfolio.

Average Trading Volume: 121,549

Technical Sentiment Signal: Buy

Current Market Cap: C$35.26M

For detailed information about QGR stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1